Page 43 - BAM ONE REPORT 2565 (ENGLISH VERSION)

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Form 56-1 One Report 2022

The following flow chart depicts the process of acquiring of NPLs from financial institutions

- Property Appraisal Department/
Investment Branch Office conducts NPL
The Executive collateral price survey
Investment Management
Management Committee Approve Department gathers - Property Development
Department receives considers whether information from Department checks status and
to participate
the invitation to NPLs in the auction financial institutions analyzes data for purchasing
price calculation with the
auction and prepares for
or not further inspection Company’s calculation formula

The Board of Directors considers (1) giving the
Executive Committee the authority to consider
the proposed purchasing price, according to the The NPLs and NPAs Acquisition
proposed terms and conditions, the auction terms, Committee considers the
and related authorization for the auction; and information of NPAs and
(2) giving CEO and/or SEVP and/or EVP (Financial determines the purchasing price
Management & Investment Group)
the authority to negotiate the terms and
conditions and to sign related documents

1
The Executive Committee considers The NPLs and NPAs Acquisition Committee CEO considers the
the preliminary purchasing price and Approve considers the preliminary purchasing purchasing price/signs
gives the CEO the authority to price approved by the Board of Directors the approval of the
increase/reduce the price and to and the Executive Committee bidding document 2
consider the terms of the purchase.

Remark: 1 For the case where the auction day is long time away from the meeting date of the Board of Directors, the
Board of Directors will give the Executive Committee the authority to consider the purchasing price, as well as
the terms and conditions of the auction; in order to improve the overall flexibility of the operation. In such a
case, the Executive Committee will give the Chief Executive Officer the authority to consider the purchasing
price/sign the approval of the bidding document.
2 The final purchasing price presented to the Chief Executive Officer must be considered by the NPLs and NPAs
Acquisition Committee.